RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ACET
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Red day on Friday for Adicet Bio Inc stock after losing 2.61%
(Updated on May 24, 2024)

Sell candidate since Apr 18, 2024 Loss -26.42% PDF

The Adicet Bio Inc stock price fell by -2.61% on the last day (Friday, 24th May 2024) from $1.53 to $1.49. During the last trading day the stock fluctuated 5.08% from a day low at $1.48 to a day high of $1.55. The price has been going up and down for this period, and there has been a 1.36% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -56 thousand shares and in total, 445 thousand shares were bought and sold for approximately $662.31 thousand.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -35.91% during the next 3 months and, with a 90% probability hold a price between $0.769 and $1.17 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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ACET Signals & Forecast

There are mixed signals in the stock today. The Adicet Bio Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $1.58 and $1.77. A break-up above any of these levels will issue buy signals. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. A buy signal was issued from a pivot bottom point on Tuesday, May 14, 2024, and so far it has risen 12.03%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Adicet Bio Inc stock

Adicet Bio Inc finds support from accumulated volume at $1.45 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.0750 between high and low, or 5.08%. For the last week the stock has had daily average volatility of 6.47%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ACET) For The Upcoming Trading Day Of Tuesday 28th

For the upcoming trading day on Tuesday, 28th we expect Adicet Bio Inc to open at $1.51, and during the day (based on 14 day Average True Range), to move between $1.34 and $1.64, which gives a possible trading interval of +/-$0.147 (+/-9.85%) up or down from last closing price. If Adicet Bio Inc takes out the full calculated possible swing range there will be an estimated 19.70% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $1.52 (2.01%) than the support at $1.45 (2.68%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Adicet Bio Inc stock A Buy?

Adicet Bio Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -3.768 Sell Candidate Unchanged

Predicted Opening Price for Adicet Bio Inc of Tuesday, May 28, 2024

Fair opening price May 28, 2024 Current price
$1.51 ( 1.01%) $1.49

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ACET

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.58 6.04 %
R2 1.55 4.12 %
R1 1.53 2.93 %
Current price: 1.49
Support S1 1.48 -0.92 %
S2 1.46 -2.10 %
S3 1.43 -4.03 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1.73 16.11 %
R2 1.69 13.42 %
R1 1.52 2.01 %
Current price 1.49
Support S1 1.45 -2.68%
S2 1.41 -5.37%
S3 1.40 -6.04%

ACET Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 12, 2018 Sep 21, 2018 Oct 09, 2018 $0.0100 0.0115%
2 May 03, 2018 Jun 07, 2018 Jun 22, 2018 $0.0100 0.0145%
3 Feb 01, 2018 Mar 08, 2018 Mar 23, 2018 $0.0650 0.0788%
4 Dec 07, 2017 Dec 15, 2017 Dec 28, 2017 $0.0650 0%
5 Aug 24, 2017 Sep 07, 2017 Sep 21, 2017 $0.0650 0%

FAQ

What is the symbol for Adicet Bio Inc Stock and on which exchange is it traded?
The symbol for Adicet Bio Inc is ACET and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Adicet Bio Inc Stock?
Adicet Bio Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Adicet Bio Inc Stock?
Adicet Bio Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Adicet Bio Inc Stock.

What's the current price of Adicet Bio Inc Stock?
As of the end of day on the May 24, 2024, the price of an Adicet Bio Inc (ACET) share was $1.49.

What is the 52-week high and low for Adicet Bio Inc Stock?
The 52-week high for Adicet Bio Inc Stock is $5.90 and the 52-week low is $1.10.

What is the market capitalization of Adicet Bio Inc Stock?
As of the May 24, 2024, the market capitalization of Adicet Bio Inc is 122.439M.

When is the next earnings date for Adicet Bio Inc?
The upcoming earnings date for Adicet Bio Inc is Aug 14, 2024.
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About Adicet Bio Inc

Adicet Bio Adicet Bio, Inc., a biotechnology company, discovers and develops allogeneic gamma delta T cell therapies for cancer and other diseases. The company offers gamma delta T cells engineered with chimeric antigen receptors and T cell receptor-like antibodies to enhance selective tumor targeting, facilitate innate and adaptive anti-tumor immune response, and enhance persistence for durable activity in patients. Its lead product in pipeline includes AD... ACET Profile

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